Overview
What is Anschei Chesed Fund Inc?
Anschei Chesed Fund Inc, located in Brooklyn, New York, is a charitable nonprofit organization that offers assistance to various sectors in need. They provide financial aid to religious institutions of higher learning, offering support to families grappling with poverty, particularly brides and grooms, young married couples, widows, and single-parent families. Furthermore, medical assistance is extended to those in need. Their mission involves making grants to exempt organizations, both domestically and internationally, for charitable, educational, and religious purposes, contributing to numerous beneficial causes.
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)**
Anschei Chesed Fund Inc has received a 77% score from Charity Navigator, indicating a satisfactory level of accountability and finance management. The rating is solely based on financial metrics and does not encompass aspects like leadership or community impact, highlighting a need for comprehensive evaluations for a fuller understanding of the organization's effectiveness.
Strengths noted in the report include a strong financial management profile, with a high program expense ratio of 98.54%, indicating that most funds are directed toward program services. The organization also boasts a fully independent board, which enhances accountability. However, the nonprofit's fundraising efficiency is low, with reported costs of just one cent per dollar raised, pointing to potential challenges in revenue generation.
Unfortunately, there is limited user feedback available from GreatNonprofits, which prevents a broader perspective on community sentiment. Overall, while the organization demonstrates strong financial accountability, it may face challenges in visibility and operational efficiency that could be addressed for future improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Anschei Chesed Fund Inc legitimate?
Anschei Chesed Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anschei Chesed Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Anschei Chesed Fund Inc?
Anschei Chesed Fund Inc's mission revolves around granting financial aid to exempt organizations for charitable, educational, and religious purposes, both in the United States and abroad. The organization extends its assistance to various sectors, including religious institutions of higher learning and families in need, such as those struggling with poverty, young married couples, widows, and single-parent families. Moreover, Anschei Chesed Fund Inc also offers medical aid as part of its services.
What is the revenue of Anschei Chesed Fund Inc?
Anschei Chesed Fund Inc's revenue in 2023 was $4,830,533.
Who are the executives of Anschei Chesed Fund Inc and what are their salaries?
There 3 volunteers at Anschei Chesed Fund Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Anschei Chesed Fund Inc?
Anschei Chesed Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Anschei Chesed Fund Inc
Anschei Chesed Fund Inc, a nonprofit organization, is dedicated to making grants to exempt organizations both domestically and internationally for charitable, educational, and religious purposes. The organization's mission is to extend aid to various sectors, including religious institutions of higher learning and families grappling with poverty. This assistance extends to brides and grooms, young married couples, widows, and single-parent families. Additionally, Anschei Chesed Fund Inc provides medical assistance to those in need, demonstrating its commitment to improving the well-being of individuals and communities.
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Impact
October, 2024
Anschei Chesed Fund Inc makes a significant impact by providing critical financial support to a wide range of charitable, educational, and religious initiatives. With a focus on assisting religious institutions of higher learning, the Fund plays a vital role in fostering education and spiritual growth within communities.
Additionally, Anschei Chesed directly addresses the needs of families facing economic hardships, including couples preparing for marriage and single-parent households. The Fund's commitment to supporting widows and young married couples highlights its dedication to uplifting those in vulnerable situations. Medical assistance further underscores its holistic approach to community support, ensuring that individuals and families can access essential healthcare services.
By making grants to exempt organizations both within the United States and internationally, Anschei Chesed extends its reach and amplifies its impact, helping to create a network of support that empowers individuals and strengthens communities.
This information is meant to be a general summary of Anschei Chesed Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $4,830,533
Assets and Liabilities:
- Total Assets: $24,998
- Total Liabilities: $7,161
- Net Assets: $17,837
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Organization Details
Founding Year
2010
Principal Officer
Jeffrey Patow
NTEE Category
Code: Q30 - International
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